Homes build on town’s growth
More than 100 homes will be built in Murray Bridge with the launch of a $45m housing estate
Read MoreMore than 100 homes will be built in Murray Bridge with the launch of a $45m housing estate
Read More2. Investing in property is simple
The amount of paperwork needed to produce and information you need to assimilate can be daunting at first, but the investment process in itself is remarkably simple. There are no complicated steps needed to taken. As long as finances are sorted out, you can start doing your research to find the right property. If you apply thorough due diligence in terms of getting inspection and valuation, there’s little risk for you to overpay or buy a dud property.
3. You have “control” of your investment
Unlike other investments classes, property offers you with many options in terms of growing the value and income on your property. You can also control where you buy, how you buy and when to sell.
4. You have stability
Real estate is less volatile than stocks or mutual funds, especially in uncertain economic times. The continuing demand for housing fuelled by strong population growth ensures property prices are supported in general.
It’s also worth noting that the price drops most people fear are NOT real losses until you actually sell the property. If the property was purchased correctly and generates a healthy cash flow, the investment can be sustained until the price gets back up again.
5. Property is an easy asset to understand
Unlike the share markets where there are complicated terminologies you need to get your head around, real estate is relatively simple. You know what a house, unit or a townhouse is and you don’t need a 60-page prospectus to tell you all about it.
6. The taxman helps you pay off your investments
You can claim a range of tax deductible expenses through your investment property, which will help reduce your tax bills and improve your cash flow. A good accountant can help you cut your tax expenses by the tens of thousands of dollars, legally through your investment property.
7. Your tenants pay your mortgage
Another advantage to property investing is that tenants are paying down your mortgage while you sit and watch your investment grow in value.
8. Property offers predictability
Property is undoubtedly more predictable than other investment-classes. With well-chosen property, you can look out to 18 or 24 months into the future and know which direction the market pressures will be pushing, unlike the share markets where anything could change within seconds.
9. Property is recession-proof
Property with strong cash flow can ride uncertain times such as during a recession for simple reason that it meets a basic need- housing. People will always need a place to live, even during difficult times. They would do everything just to have roof over their heads. They are prepared to forgo other luxuries just to have enough money to pay for their rents or mortgage.
10. Property can make you rich
Real estate makes more billionaires than any other asset classes. In the recent Forbes Billionaire’s List, it reported that a total of 135 property tycoons now make up the world’s wealthiest list with 14 property billionaires joining the ranks this year alone, boosted by surging property values around the world.
A “RIVER pool” and new play, entertainment and historic precincts have been unveiled as part of a $34m vision for Murray Bridge’s riverfront.
Murray Bridge offers the best of many worlds. It is the rural city on the banks of the world-famous Murray River. This enviable lifestyle plus world class facilities and opportunities will allow for your whole family to shine and enjoy.
The location of Murray Bridge is conducive for a move from either Victoria, or if you already live South Australia a move to a rural city that offers a lifestyle like no other.
Imagine after a hard day work being able to drive or walk the short distance to the shores of the Murray River where you and your family can enjoy a peaceful picnic, drop in the fishing line or if you need a bit of a thrill, jump in the boat and enjoy the wide variety of water sports on offer.
On the weekend with the average temperature sitting in the mid 20’s (in the warmer months) it is the perfect opportunity to discover the many reserves and trail walks around the area with many of them along the banks of the Murray. If your family love sport, there are plenty of sporting clubs to join- this is a great way for your family to become a part of this tight knit community whilst enjoying the family time together. As you will discover one of the best parts of being in a community as Murray Bridge everything is so close, so you get so much time back with not having to spend time in the car to get to your activities.
Industry in Murray Bridge is growing significantly, which will open up many opportunities for employment. With Beston Global Food Company and Thomas Foods spending millions on new industrial factories in the area along with other local businesses as Big River Pork and Ingman’s Feed mill, all having millions thrown at the construction of their plants. The entertainment industry in Murray Bridge is also experiencing large growth including the famous Bridgeport Hotel getting $40 million dollars’ worth of upgrades and the expansion of the Zoo to include a Wild Africa exhibit, a $17 million-dollar visitor centre and finally The Bend Tourist Park is currently under construction.